Bloomberg: Carbon capture and storage projects need a $60 to $80 price for carbon dioxide to justify building them, Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden said.
Thats more than five times the current price of C$15 ($11.27) a ton in Alberta, Canada, where the oil company began commercial operations for a CCS project Friday.
The technology is still too expensive for wide-scale use without government support, van Beurden said in a briefing with journalists at the companys Scotford...